If you are trying install the VD into a VM, look into PtoV Copy where you have a choice of formats to save. I don't know about a conversion but there is a PtoV Adjust but I'm unsure on what it exactly does.

Thanks for the reply. I think I may have found the answer, but is not within the product range I was looking.
I bought HDM Suite 15, but I may need the Pro version to do a V2V.

Cheers,

Dave

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I just read the V2V section in the PDF for HDM15 Pro, kind of vague but I have HDM15S as well. Sounds like you just mount the VD and run the PtoV Copy. Not sure why one couldn't do that with HDM15S. I ran the PtoV Copy on my W7 HD and it took around four hours with 339GB of 688GB used.